“Out of these Ponzi schemes I have gotten so many things from it”, Kojo Benneh applauded a life a dangerous investments.
Government has worked with an Advisor and selected Pension Funds to structure a Special Purpose Vehicle (SPV): the Ghana Amalgamated Trust (GAT) to support solvent and well-run indigenous banks, which were otherwise having difficulties meeting the new minimum capital requirement deadline, to meet their obligations.
The Bank of Ghana says it does not have the power to intervene in the Menzgold saga.
Malaysian International Direct Selling Company, IMMERI Group of Companies, has selected Ghana as its first African subsidiary as it targets 20,000 indirect jobs by the end of 2019.
Financial consultant, Charles Mensah has called for the liquidation of the assets of gold dealership, Menzgold to pay aggrieved customers.
Police say their timely intervention averted what would have been a mass suicide by Menzgold clients one of Accra's major highways on Monday.
As trading on Ghana’s financial markets winds down as the end of year festivities commence, equity investors are looking at their counterparts who invested primarily in fixed income securities in 2018 with envious eyes.
Some 100 retired and active Police Officers at Kasoa have filed a writ at the Accra High Court against Menzgold, in a bid to retrieve their locked up investments.
Staff of Menzgold have said it was wrong for the Finance Minister to describe customers of the embattled investment firm as greedy.
The Seed Funds (TSF) Savings & Loans company limited, has partnered with 4G capital (a Kenya-based Mauritius registered) fintech company to launch the NXTGEN platform in Ghana.
Accra’s landscape will witness a truly world-class development when the top-of-range design of The Signature towers into the skyline in the coming months
AngloGold Ashanti has spent ¢437,687.25 of its Community Trust Fund on five major projects to tackle water and sanitation problems in Obuasi.
The Ministry of Information and the World Bank have commenced engagements aimed at improving development communications in Ghana.
The first Accra SDGs Investment Fair to start December 5 is to kick-start the process of developing a systematic, green and inclusive economy by identifying the financial gaps that act as an impediment to the efficient realization of the SDGs.
First Lady, Mrs Rebecca Akufo-Addo, has urged businesses to support physically-challenged women entrepreneurs in the country to enhance their capabilities.
The Social Security and National Insurance Trust (SSNIT) says it has made significant savings by deleting ghost pensioners on the Scheme’s payroll.
Ghana has moved up one place, up from eight to the seventh position, in the league of countries that attracts foreign direct investment (FDI) in Africa.
British development finance agency CDC Group plans to invest up to $4.5 billion across Africa over the next four years to boost ties with the continent, its chief executive told Reuters on Wednesday, as the country prepares to leave the European Union.
Quantum Terminals Group (QTG), a leading energy infrastructure developer in Ghana, has today listed a corporate bond on London Stock Exchange’s International Securities Market.
The Africa Enterprise Challenge Fund (AECF), an African-based fund for agriculture and finance, has launched the Seeds for Impact Programme in Ghana to support sustainable agriculture.
Slovenia, the third fastest growing economy in the European Union has committed to set Ghana aside as a special trade partner in the coming months.
The minister for business development, Ibrahim Mohammed Awal says a 100 million cedi capital fund for about five thousand Small and Medium Scale Enterprises (SMEs), as well as startups, will be created in 2019.
The Social Security and National Insurance Trust, SSNIT has begun the process to replace the existing biometric cards with the National Identity Cards by the National Identification Authority.
The Dutch Ambassador to Ghana, Ron Strikker, says the Netherlands is committed to empowering entrepreneurs to make them competitive for the European market.
Shareholders of Guinness Ghana Breweries PLC, the leading total beverage company in Ghana will receive a dividend payment of GHs 0.0351 per share amounting to GHs10.77 million for the 2017-18 financial year.
Finance Minister Ken Ofori Atta has stressed government has no intention of bailing out customers of beleaguered investment company, Menzgold.
Opportunity International United Kingdom with the support of UK Aid has launched ‘Economic Empowerment of Women in Ghana and the Democratic Republic of Congo (DRC) through Rural Financing’ at Golden Bean Hotel, Kumasi in the Ashanti Region of Ghana.
Payments technology platform, VISA, has signed a landmark sponsorship deal with the Confederation of African Football (CAF) as part of its strategies to drive financial inclusion.
Electricity Company of Ghana (ECG) has spent more than 14 million Ghana cedis, a total of GH¢ 14,272,134.32, on improving its System and expansion projects in the Accra West Region, between January and October this year.
A Turkish electronics and electrical goods trade mission is expected in the country for meetings with local buyers and distributors.
The curtain fell on a three-day marathon investment marketplace, on Friday, with transactions worth billions of dollars sealed.
The National Insurance Commission is to launch an electronic motor insurance database to deal with fake motor insurance stickers in the country.
The African Development Bank (AfDB) is close to approving a $600 million loan package for Ghana’s cocoa regulator, COCOBOD, which will allow it to build warehouses to stockpile beans and protect itself against price falls, the bank’s president said.
President Akufo-Addo will today try to convince global financial giants and some world leaders that Ghana is one of the best places to do business and invest.
The third edition of the Kosmos Innovation Centre Agritech Challenge will indeed be an unforgettable experience for not just the winning teams but the eight final teams, whom all described it as not just a competition, but as a wonderful learning experience.
Appointed Time Screen Printing company and Zoomlion Ghana Limited were among the prestigious businesses honored at the maiden Ghana Business Awards.
Embattled gold dealership firm, Menzgold Ghana Limited has said it will begin paying its clients part of their initial gold collectibles value from Friday (November 9).
Kosmos Energy announced today the winners of the Kosmos Innovation Center (KIC) 2018 AgriTech Challenge, a business competition where young entrepreneurs use innovation and information communication technology (ICT) to develop commercial solutions to challenges within the agriculture sector.
Twenty years ago, on the 1st November 1998 Sandvik Mining & Construction [SMC] (Ghana) Limited was incorporated in Ghana to commence business.
Deputy Minister of Finance, Charles Adu Boahen has said that Gold dealership and trading firm, Menzgold has no business in keeping the returns and profits of Customers.
You may have heard poor leadership being blamed for much of Africa’s problems. Bad leadership has created the impression that the continent is incapable of solving its own problems, thus the over-reliance on western governments.
Founder of Tony Elumelu Foundation has reiterated his commitment to championing Africa’s economic development.
Gold Coast Holdings says it is stopping the sale of its Structured Finance (SF) products effective 22nd October 2018.
Menzgold could commence full operations on or before 5th November, 2018, with the launch of a new online Gold/Collectibles Trading product, the company has said.
The Securities and Exchange Commission (SEC) is set to introduce new set of regulations to monitor business innovations that are currently not regulated.
Over 5,000 young African entrepreneurs who are funded, trained and mentored by the Tony Elumelu Foundation (TEF), Africa's leading entrepreneurship-focused philanthropic organisation have converged at the fourth annual TEF Entrepreneurship Forum underway in Lagos, Nigeria.
The Business Council for Africa (BCA) Ghana, a global business association in Ghana, has announced its maiden Annual Economic Review Forum which comes off on Monday, 12 November 2018 in Accra.
Ahead of its maiden African Investment Forum next month, the African Development Bank (AfDB) continues to see another year of sustained indicators, underlined by a stellar Triple-A rating by all three major agencies and sharply increased earnings.
Government has targeted the end of this year to pass a Fiscal Responsibility Law to help cap budget deficit, Vice President Dr Mahamudu Bawumia has said.
An industry leader in the production of wellness and weight-loss max international supplements and products has launched its new #strongMaxwoman campaign, a drive to recognize achievements of its female associates and to bring more opportunity to women around the world.
Launched in September 2018, the Ghana India Trade and Advisory Chamber (GITAC) has made impressive efforts in promoting trade relations between Ghana and India through collaborations with the India High Commission -Delhi, India High Commission-Ghana and the Ghana Trade and Investment Ministry.